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What is the total under assets side of the balance sheet when the following information is given?
Non-current Assets = ₹ 5,00,000
Current Assets = ₹ 2,00,000
Current Liabilities = ₹ 3,00,000
  • a)
    ₹ 7,00,000
  • b)
    ₹ 10,00,000
  • c)
    ₹ 5,00,000
  • d)
    None of these
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
What is the total under assets side of the balance sheet when the foll...
Total under assets side = Non-current assets + Current assets = 5,00,000 + 2,00,000 
= ₹ 7,00,000
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What is the total under assets side of the balance sheet when the following information is given?Non-current Assets = 5,00,000Current Assets = 2,00,000Current Liabilities = 3,00,000a) 7,00,000b) 10,00,000c) 5,00,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?
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What is the total under assets side of the balance sheet when the following information is given?Non-current Assets = 5,00,000Current Assets = 2,00,000Current Liabilities = 3,00,000a) 7,00,000b) 10,00,000c) 5,00,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? for Class 12 2024 is part of Class 12 preparation. The Question and answers have been prepared according to the Class 12 exam syllabus. Information about What is the total under assets side of the balance sheet when the following information is given?Non-current Assets = 5,00,000Current Assets = 2,00,000Current Liabilities = 3,00,000a) 7,00,000b) 10,00,000c) 5,00,000d)None of theseCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Class 12 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the total under assets side of the balance sheet when the following information is given?Non-current Assets = 5,00,000Current Assets = 2,00,000Current Liabilities = 3,00,000a) 7,00,000b) 10,00,000c) 5,00,000d)None of theseCorrect answer is option 'A'. Can you explain this answer?.
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